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Topic: How many Bitcoins to succesfully manipulate price down by $100 ? - page 2. (Read 3177 times)

legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
even on lower than normal volume days theres probably still a lot of people monitoring the market with cash in hand etc

a whale would have to be careful if he attempted to crash the price lower that all his coins were not snapped up before he got the chance
to execute his game plan

Market manipulation is likely to come from the exchanges themselves because they have the funds to be able to do it sucessfully and they can see what everyone else cant

they can also delay orders being filled  or throw a spanner in the works and blame a technical problem whenever it suits them and snap up some cheap coins or prevent anyone else from getting them by delaying funds being credited to accounts etc
member
Activity: 84
Merit: 10
It is required around 30-50.000 bitcoin to manipulate price down by 100$, and this isn't a good thing, some people have this quantity of bitcoin.

It depends on the volume, some days volume is specifically low an a whale could cause wrack.
hero member
Activity: 644
Merit: 500
After 30k wall sentiment ,minimum 300-500k +

That wall was because he set his sell price at 290 or 300. Had he set the price lower, the price would have fallen much further. It took several days to work through that 30k inventory. 500k hitting the market at once? If it was just a market order, not a limit order, seeing BTC hit (even temporarily) double or even single digits could be a possibility. Such is how things work in an illiquid market.

Not saying that the price would stay depressed at those levels for the long term, just during the course of the sale. After that inventory is cleared away, he price would be free to rebound to whatever level the market set.
sr. member
Activity: 378
Merit: 250
If you have 100.000 Bitcoin you can make wherever you want and, consequently, take down price to 100$  Grin
Q7
sr. member
Activity: 448
Merit: 250
I tried to make a calculation but end up nowhere due to a number of factors. Assuming you are talking about 1 single day dump, it may be possible with 10 mil fund and use exchanger service that provides 100 times leverage. It will still be difficult to estimate as there would some buying support suddenly placed at the 100 - 200 usd support level. But maybe it would be easier if that easily triggers the margin call
newbie
Activity: 28
Merit: 0
a bulk load ! Smiley)

But I think this is already happening with PayPal and other big players that are stepping into the game ... and let's not forget about the bitcoin premined coins .

Is it? Why is it that some paypal transactions involving bitcoin is still regulated/cancelled/closed down?
member
Activity: 227
Merit: 10
As per title.

Also, is it happening ?

If it is, would it be more problematic when the price reaches a certain level ?


And, is it a bad thing (necessarily) ?

Because bitcoin does not need money to work, there is no minimum price required for the system to stay alive. No matter how low we go, the sky is still the limit for future valuation. 
Valid point here... Though manipulation is possible and that is one disadvantage of unregulated free market. Even regulated markets have manipulation for that matter!
o_o
full member
Activity: 132
Merit: 100
It is required around 30-50.000 bitcoin to manipulate price down by 100$, and this isn't a good thing, some people have this quantity of bitcoin.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
I don't think anyone will raise a  million coins together just to dump them to crash the price, it's impossible to predict exactly how the market would react to it but nobody has that many coins Anyway...  The fbi   might have the  silk Rd Coins but I think if they were dumped the market would buy like crazy until it returns to equilibrium

Also not too worried about the premined coins satoshi may or may not have  lost, if they haven't moved in 5 years they might never move and the userbBase is growing anyway so any crash will be swallowed up and a rise will follow
member
Activity: 119
Merit: 101
www.thecryptobot.com
a bulk load ! Smiley)

But I think this is already happening with PayPal and other big players that are stepping into the game ... and let's not forget about the bitcoin premined coins .
sr. member
Activity: 252
Merit: 251
Knowledge its everything
I'm sure you need at least 500.000 BTC
But, as soon bitcoin reach $100, there are lot people who would buy bitcoin because they believe the price will rise up again soon.

So, if you want manipulate permanently you need much more bitcoin  Grin
But, how can you get a lot of bitcoin without buying it  Grin. Because if you buy a lot to manipulate, the price will up  Cheesy
full member
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
I think it's not gonna happen, if you continue to wait for ''$100 btc'', you'll end up panic buying during a rally

Question was not if it will happen or not. But how much Bitcoins is needed. Only way you can answer on this with: " It will never happen." Is if you say that even if all existing Bitcoins hit the exchange will not move price to $100.


My opinion is that close to 1 million BTC would be needed for that.
sr. member
Activity: 294
Merit: 250
I think it's not gonna happen, if you continue to wait for ''$100 btc'', you'll end up panic buying during a rally
hero member
Activity: 675
Merit: 500
You can get a lower bound by looking at the open market orders in any exchange.
But of course, as these orders get filled, new orders will come in and the amount required to move the market (in any direction) will be much larger.
legendary
Activity: 1067
Merit: 1000
As per title.

Also, is it happening ?

If it is, would it be more problematic [to successfully manipulate] when the price reaches a certain level ?


And, is it a bad thing (necessarily) ?

Less than one might expected.

Given two out of three major exchanges provide huge leverage to traders. It doesn't take much to set off a cascading margin call on both exchanges and drag down the price around the world.
BRE
legendary
Activity: 1218
Merit: 1014
Lucky.lat | Marketing Solutions & Implementations
If all miners in the world dump their btc together in the same time , btc price will fall.
But maybe not hit $ 100 , that $ 100 can happen if all miners and all trading guys dump btc for fiat in the same day.
newbie
Activity: 47
Merit: 0
The more the requirement of BTC will be, the higher the prices will be too.
If the depend is dropped, the prices will drop too.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
As per title.

Also, is it happening ?

If it is, would it be more problematic when the price reaches a certain level ?


And, is it a bad thing (necessarily) ?

Because bitcoin does not need money to work, there is no minimum price required for the system to stay alive. No matter how low we go, the sky is still the limit for future valuation. 
full member
Activity: 144
Merit: 100
After 30k wall sentiment ,minimum 300-500k +
hero member
Activity: 770
Merit: 500
As per title.

Also, is it happening ?

If it is, would it be more problematic [to successfully manipulate] when the price reaches a certain level ?


And, is it a bad thing (necessarily) ?
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